World of Work-problems and benefits of TNCs investing in a country

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World of Work-problems and benefits of TNCs investing in a country

Advantages

  • Job security
  • more people employed allowing them to earn more money - so the country starts to become wealthier and can start to develop.
  • technologies and skills are transferred between countries
  • services and infrastructure may be improved

Disadvantages

  • profits are transferred to TNCs HQs-in HICs
  • wages are very low/minimum wages
  • very low safety and health precautions
  • TNCs may cause a lot of enviromental damage
  • sweatshop labour
  • long hours

Evaluation

TNCs can bring a very poor country into some wealth but it does not give its workers fair standards of work, so that they can make a profit.

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